Most U.S. stocks fell Wednesday after a report showed inflation is unexpectedly worsening for Americans. The S&P 500 dropped 0.3%, though it had been on track for a much worse loss of 1.1% at the start of trading.

U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in early Wednesday trading.

Despite Donald Trump previously promising lowering prices across the market, that isn’t going as planned as the president’s first inflation report is bleak. According to the new report, core inflation in the month of January rose three percent from a year earlier – and Trump is raging,